Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.044%
Price spread now: Lighter against Phemex−0.056%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.056%, 7d avg −0.015%
Together, before fees+0.314%+ Points / potential airdropLighter: Season 3 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.042% cheaper against Phemex than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.015%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.169% in total) that is about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT620.860get 0.0000% / 8h47m 49s$1.8M$460K10x
ShortLighter AMD620.510.0232get 0.0029% / 1h47m 49s$525K$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Phemex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$48.72
Price spread: −0.056% → −0.015%
−$4.15
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$32.57
Costs to cover
0.120%
Break-even
2.3 days
Slippage unknown: Phemex: live order book, 5 min ago; Lighter: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 5 min ago9.75 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.97 bp1.0 bp −$13.2 bp −$3276.2 bp −$7,618doesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0761%4h620.80−0.009%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h621.00+0.023%$4.4M$13.6M50xas long as short
SunX AMD-USDT0.0000%8h620.78−0.013%$2K$9.0M10xas long as short
HTX AMD-USDT0.0000%8h620.52−0.055%$132K$581K20xas long as short
Phemex AMDUSDTlong0.0000%8h620.86long leg$1.8M$460K10x
Lighter RH AMD+0.0032%1h620.42−0.071%$836K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.472%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.57+0.114%$950K25xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.90−0.155%$1.5M$4.8M10xas long as short
Polymarket Perps AMD-USD+0.0055%1h620.44−0.068%$395K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.75−0.018%$2.3M$13.4M10xas long as short
Coinbase International AMD-PERP-INTX+0.0080%1h619.63−0.198%$312K$1.8M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.43−0.069%$1.9M$314K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.64−0.035%$379$6K10xas long as short
OKX AMD-USDT-SWAP+0.0114%8h620.73−0.021%$6.8M$28.7M25xas long as short
tradeXYZ xyz:AMD+0.0136%1h620.21−0.105%$24.8M$94.8M10xas long as short
Phoenix AMD+0.0207%1h620.36−0.081%$2K$92K10xas long as short
Aevo AMD-PERP+0.0216%1h621.06+0.032%$11K10xas long as short
Aster AMDUSDT+0.0217%8h620.81−0.007%$72K$416K50xas long as short
Lighter AMDshort+0.0232%1h620.51−0.056%$525K$2.5M10x
SoDEX AMD-USD+0.0264%1h620.65−0.034%$25K$24K10xas long as short
ApeX Omni AMDUSDT+0.0293%1h620.45−0.066%$80K$259K50xas long as short
GRVT AMD_USDT_Perp+0.0487%8h620.84−0.003%$18K$134K10xas long as short
Variational Omni AMD+0.0493%8h620.79−0.012%$2.7M$3.2Mas long as short
Nado AMD-PERP+0.0522%1h620.09−0.124%$318K$167K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0540%1h620.44−0.068%$77K$163K10xas long as short
Bitget AMDUSDT+0.0541%8h620.73−0.021%$10.1M$18.0M20xas long as short
Extended AMD_24_5-USD+0.0544%1h620.71−0.024%$464K$1.5M10xas long as short
Binance AMDUSDT+0.0548%8h620.81−0.007%$75.7M$192.1M25xas long as short
BloFin AMD-USDT+0.0557%8h620.84−0.003%$6K$545K20xas long as short
Arcus AMD-USD+0.0919%1h620.62−0.039%$145K$265K10xas long as short